Account Revenue Solution™

The Account Revenue Solution™ (ARS) is a turnkey solution designed to increase checking account activity among your existing account holders and convert unprofitable accounts into revenue-producing accounts. At Velocity Solutions, we believe the best way to determine whether a retail account is fully active and on-boarded is to measure the account holder’s transactional activity. When you have dormant checking accounts, chances are these account holders are doing the bulk of their banking somewhere else.

With ARS, we analyze your transactional data to create targeted offers to specific account holders focused on improving usage and sustaining that use. The fact is: transacting checking accounts are the only profitable checking accounts. ARS delivers a 3 to 1 or greater ROI and is accretive to earnings in a matter of months.

Additional Revenue

Added fee income, increased interchange, additional products and services, and reduced attrition can add up to thousands of dollars in additional revenue per account. Financial institutions utilizing ARS typically experience increases in the following areas: